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Feb 7, 2013
02/13
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KQED
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ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts. u.s. and british regulators have fined the royal bank of scotland more t
ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >>...
245
245
Feb 10, 2013
02/13
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CNNW
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this is not like the debt ceiling. the debt ceiling we were all terrified. if we even went a few hours with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for everybody to just kick this can down the road. we shouldn't be doing anything right now. >> [ inaudible ]. >> we could have some vague spending cuts promised in the future, some real revenue sources. >> all in the future. because you don't want any austerity now. >> this is a terrible time to do it now. >> i think his reaction depends on whether or not the republicans can hold their coalition together. and if they can create a coalition that holds together, which might even include some democrats, i think they can prevail on this issue and get a small amount of cost redu
this is not like the debt ceiling. the debt ceiling we were all terrified. if we even went a few hours with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for...
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ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >> he put forward a proposal for avoiding that outcome while congress continues working on longer term deficit reduction. that's the sensible thing to do. why make-- why punish the american people because you haven't been able to achieve your ideological objectives through other means? >> sreenivasan: in another development, the associated press reported the u.s. military is cutting back from two aircraft carriers to one, in the persian gulf. the report cited u.s. officials who said it's a direct response to the looming, across-the-board cuts. u.s. and british regulators have fined the royal bank of scotland more t
ceiling. >> we got the debt limit out of the way so that we weren't jeopardizing the full faith and credit of the united states government. at some point, washington has to deal with its spending problem. i've watched them kick this can down the road for 22 years that i've been here. i've had enough of it. time to act. >> sreenivasan: at the white house, spokesman jay carney it's the republicans who are being irresponsible, by rejecting the president's appeal out of hand. >>...
120
120
Feb 4, 2013
02/13
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CSPAN2
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it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to how we can bring our country into better fiscal balance. we need a balanced approach. we need an approach that looks at spending, looks at revenues, that acknowledges that job growth is first and foremost our objective. we have got to create more jobs in our economy. more people working, less people needing governmental services, more people paying tax revenues. all of that helps generate the growth in our economy. we have got to protect the middle class. the middle class has been particularly vulnerable during this slowdown in our econo
it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to...